LONDON, Feb 19 (Reuters) - Greek government bond yields fell in early trading on Monday after a ratings upgrade from Fitch that highlighted improving sentiment towards the indebted southern European state.
The ratings agency upgraded Greece’s long-term foreign-currency issuer default rating to ‘B’ from ‘B-‘ and kept its outlook positive.
Fitch said general government debt sustainability would improve on sustained economic growth and reduced political risks.
Greece’s five-year bond yield was down 5 basis points at 3.395 percent early on Monday, outperforming euro zone peers. (Reporting by Dhara Ranasinghe; Editing by Tommy Wilkes)